Tue.Jul 30, 2024

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BlackBerry promotes cyber finance chief to company CFO

CFO Dive

The CFO shift comes as BlackBerry looks to realize $150 million in cost saving actions and to continue its separation plan for its IoT and cybersecurity divisions.

CFO 283
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Financial Harmony: Leveraging SAP for Treasury and Working Capital Mastery

Navigator SAP

Keeping your company's finances in check can feel like a tightrope walk, but mastering treasury and working capital management can keep you balanced. Enter treasury and working capital management – the dynamic duo that ensures your company’s cash flow is steady, risks are minimized, and your financial health is top-notch. SAP’s Treasury Management solutions are here to make this a breeze.

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Trending Sources

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Startup focused on easing digital B2B payment pain points raises $9M

CFO Dive

The move comes as digital business-to-business payments are expected to surge in coming years, creating challenges for many vendors.

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New Stock Exchange Proposal For Texas Weighed By SEC

Global Finance

Regional and specialized stock exchanges are returning as demand expands for new products and market locations. The theory that regional or specialized exchanges can bring unique know-how to specific sectors or geographies is driving the buildup. The list of such exchanges is growing, and the trend is global. For example, the Eastern Caribbean Securities Exchange (ECSE) is the Caribbean’s major regional stock exchange, designed to attract companies with regional interconnectivity and regional in

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From Start to Scale: Driving Growth Through Seamless Payments Implementation

Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting

Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical

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Minnesota CPAs eye 2025 after 120-hour bill stalls

CFO Dive

The bill would have allowed Minnesota CPAs to obtain a license with just 120 college credit hours — rather than the 150 hours now required.

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More Trending

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GenAI is impacting M&A activity, dealmakers say

CFO Dive

Some companies are looking to acquire GenAI products, while others are focused on using the technology to support the M&A process, KPMG found.

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A Modern Nonprofit Podcast: The Generational Impact of Women in Leadership

The Charity CFO

We have an exciting conversation planned today with Alyssia Palacios-Woods, Executive Director at Capital IDEA in Austin, TX joins us. Like most, Alyssia’s journey didn’t finish the way she started. Originally in design and advertising, she decided that utilizing her skill sets to help people (and value helping people), was closer to what she wanted to do.

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Joann CFO out amid leadership revamp

CFO Dive

The crafts retailer, fresh out of bankruptcy, has brought on new executives in tech, operations and merchandising.

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Transforming Indian Accounting Firms: A Long Journey to Global Prominence

CFO News

In this insightful article, Ashok Haldia, seasoned finance expert and Chartered Accountant, explores the evolution of India's accounting profession, its challenges, and the path to achieving global prominence.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Amanda Adams, Fractional CFO, CPA

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.

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AI-enhanced malicious attacks emerge as top risk for enterprises in Q2

Future CFO

A Gartner study revealed that there is a rising concern of artificial intelligence-enhanced malicious attacks as these become top emerging risk for enterprises in the second quarter of 2024. The survey, which polled 274 senior enterprise risk executives, showed that new concerns regarding soft ransomware targets are also coming to the forefront of enterprise risks.

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Centre collected Rs 98,681 cr from LTCG tax in FY23, not to abolish tax on equities or MFs in FY25

CFO News

The Centre on Tuesday informed that it collected nearly Rs 98,681 crore from long-term capital gains (LTCG) tax in FY23, a nearly 15 per cent growth from Rs 86,075 crore in FY22.

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Accounting Firms Find New Ways To Finance Growth

Global Finance

Mid-tier accounting firms have found new paths to finance their growing needs. Last November, US accounting firm Forvis purchased the US unit of French Mazars to create a robust audit and advisory network. A few months earlier, BDO turned to an employee stock ownership plan to foster employee recruitment. Earlier this year, Chicago-based Grant Thornton recently sold a stake in the firm to private equity fund New Mountain Capital to invest more quickly in technology and personnel.

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The Mentoring Round | Seth Wunder, CFO, Acorns

CFO Thought Leader

Inside The Mentoring Round , CFO Seth Wunder shares a finance strategic moment that explores an earlier career chpater where he was working for an underperforming mission-driven company in 2016-2017. He realized that a strong customer experience must align with financial sustainability. Through close collaboration with management, he learned the importance of balancing growth and profitability to fulfill long-term missions.

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Avoiding Lease Accounting Pitfalls in 2025: Lessons Learned from Spreadsheet Errors

Speaker: Abdi Ali, Sr. Lease Accounting Consultant

Join this insightful webinar with industry expert Abdi Ali, who will discuss the challenges that can arise from managing lease accounting with spreadsheets! He will share real-world examples of errors, compliance issues, and risks that may be present within your spreadsheets. Learn how these tools, while useful, can sometimes lead to inefficiencies that affect your time, resources, and peace of mind.

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Stories of Progress: Empowering Indigenous women in business through BMO’s Zero Barriers to Business

Bank of the West

At BMO, our commitment to creating a path to making real financial progress is a priority. Recently, our Zero Barriers to Business initiative has been expanding further into the Indigenous… Read more The post Stories of Progress: Empowering Indigenous women in business through BMO’s Zero Barriers to Business appeared first on About BMO.

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#FASuccess Ep 396: Leveraging Coaches To Delve Deep Into A Divorce Specialization That Brings A Steady Flow Of Ideal-Fit Clients, With Michelle Klisanich

Nerd's Eye View

Welcome everyone! Welcome to the 396th episode of the Financial Advisor Success Podcast ! My guest on today's podcast is Michelle Klisanich. Michelle is a Wealth Advisor for Financially Wise Divorce, a hybrid advisory firm based in Minneapolis, Minnesota, that oversees $87 million in assets under management for 91 client households. What's unique about Michelle, though, is how she has leveraged her learnings from several different business coaches over the course of her career, which gave her th

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Manufacturing to propel India’s journey of Viksit Bharat: PM Modi

CFO News

Prime Minister Modi expressed, “India is going to be a global player, and India’s private sector is an empowered medium to make India a Viksit Bharat.

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Rapido liable to pay GST for cab services: Karnataka AAR

CFO News

The Bengaluru-based company is evaluating challenging the ruling, which opens it up to previous tax dues. Rapido, which originally started as a bike taxi platform, had launched its four-wheeler cab services across cities such as Bengaluru, Delhi-NCR and Hyderabad on the subscription model.

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Back to Basics with Reconciliations

Join us in this webinar, where we share best practices on how to think about the reconciliation work each month, when best to do reconciliations, how they should be prepared, and some common pitfalls to avoid. Learning Objectives: This course objective is to understand how to properly prepare and review balance sheet reconciliations and its impact on the financial statements.

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Budget 2024 misses mark on comprehensive custom duty rationalisation, say experts

CFO News

Though Finance Minister Nirmala Sitharaman made multiple announcements regarding custom duties, experts say it could have made a comprehensive rationalisation of custom duties and given clarity on foreign trade strategy.

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Hinduja Group ready to pay Rs 2,750 crore now for Reliance Capital resolution, files intervention application before NCLT

CFO News

In an email communication from IIHL’s CEO, Moses John, to RCap administrator Nageswara Rao, IIHL emphasized the need to complete multiple action points before transferring the amount to the escrow account. John urged both sides to coordinate and finalize the formalities promptly.

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Reduction of Corporate Tax, removal of Angel Tax will help promote India-US economic ties: Ex-CEA Subramanian

CFO News

The Indian government has announced measures to promote India-US economic engagement, including a reduction of corporate tax from 40% to 35% and the removal of the Angel Tax. The move is seen as a strategic move to strengthen India's economy and foster inclusive development. The budget also includes provisions for capital expenditure on infrastructure, which could boost job creation.

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Piyush Goyal slams India Inc for focusing on small gains

CFO News

Commerce Minister Piyush Goyal criticized Indian industries for prioritizing imports over local products, impacting foreign exchange reserves. He noted their reluctance to offer market access while demanding duty concessions in FTAs. Goyal also expressed concern over low industry participation in meetings aimed at boosting local value-add and exports.

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Usage-Based Monetization Musts: A Roadmap for Sustainable Revenue Growth

Speaker: David Warren and Kevin O'Neill Stoll

Transitioning to a usage-based business model offers powerful growth opportunities but comes with unique challenges. How do you validate strategies, reduce risks, and ensure alignment with customer value? Join us for a deep dive into designing effective pilots that test the waters and drive success in usage-based revenue. Discover how to develop a pilot that captures real customer feedback, aligns internal teams with usage metrics, and rethinks sales incentives to prioritize lasting customer eng

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Sebi proposes to relax disclosure framework for certain FPIs

CFO News

The Securities and Exchange Board of India proposed relaxing disclosure norms for large foreign portfolio investors from neighboring countries. Sebi recommended setting a threshold for disclosure requirements. If entities from LBCs or non-LBCs hold more than 50% or 67% of the assets, FPIs will be exempt from providing granular details.

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Cannot allow Paytm type contamination in stock markets: Sebi chief

CFO News

Sebi chairperson Madhabi Puri Buch pointed out that every market participant will have to adhere to the highest standards of KYC to ensure bad apples are kept out of formal financial services.

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FTAs two-way traffic, need to give sops too: Piyush Goyal

CFO News

Commerce and Industry Minister Piyush Goyal criticized the domestic industry at a Confederation of Indian Industry (CII) event on Tuesday for demanding protectionist measures that could obstruct Free Trade Agreements (FTAs) with the United Kingdom and the European Union. Goyal emphasized that FTAs are a reciprocal arrangement and expressed concern that reluctance to offer tariff concessions could jeopardize proposed deals.

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MSMEs in India generated over 20.5 crore jobs in 4 years: Centre

CFO News

The micro, small and medium enterprises (MSMEs) in India have generated more than 20.5 crore jobs in the last four years, the Centre informed on Monday.

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Solve Your Firm's Automation Complexities Once and For All

Speaker: Mark Stovel

When it comes to automating, many firms focus on finding the latest tech, believing that efficiency is something achieved through new tools. Yet true efficiency is achieved by delivering real value to clients, not merely by upgraded systems. Without a clear approach, no level of automation can overcome the complexities of serving every client’s needs.